{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Scoop","title":"Coinbase just wants the SEC to follow the rule of law","html":"","width":"100%","height":180,"duration":2776,"description":"With U.S. regulators cracking down on digital assets, Coinbase's Chief Legal Officer Paul Gewal says Coinbase is just looking for consistency.\n“We’re not saying we don’t want to be regulated. We’re just saying that regulation all ought to occur under the rule of law that is in a manner that’s consistent with what Congress wrote,” he added.\nOne particular inconsistency Grewal points out is how the Securities and Exchange Commission’s request for crypto exchanges to register as national securities exchanges clashes with Coinbase's explicit policy of not listing securities:\n“For there to be no distinction drawn between the products that are securities and the products that aren’t, is effectively saying that we would have to agree that the rule of law doesn’t matter and that even though Congress limited the SEC’s jurisdiction to securities and securities alone, we should come in and register anyway,” Grewal said. \nDuring this episode, Chaparro and Grewal also discuss:\n\nHow Coinbase's staking product differs from Kraken's\n\nWhy it's in the U.S. government's interest to protect stablecoins\n\nWhat it means to receive a Wells notice\n\n\nThis episode is brought to you by our sponsors Circle, Railgun, Flare Network, NordVPN\nAbout Circle\nCircle is a global financial technology company helping money move at internet speed. Our mission is to raise global economic prosperity through the frictionless exchange of value. Visit Circle.com to learn more.\nAbout Railgun\nRailgun is a private DeFi solution on Ethereum, BSC, Arbitrum and Polygon. Shield any ERC-20 token and any NFT into a Private Balance and let Railgun’s Zero-Knowledge cryptography encrypt your address, balance and transaction history. You can also bring privacy to your project with Railgun SDK and be sure to check out Railgun with partner project Railway Wallet, also available on iOS and Android. Visit Railgun.org to find out more.\nAbout Flare\nFlare is an EVM-based Layer 1 blockchain designed to allow developers to build...","thumbnail_url":"https://img.transistorcdn.com/kC6kzNjgr18dm0FmBfV_f9xccAkjj-QXoCJmVNlNtrU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xZmIz/N2E5MmRmMzJjOTU3/OTNhYjJkYzcxZTlj/MTU2Yi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}